CANADA STOCKS-TSX may open higher, helped by oil price rise

TORONTO, July 24 (Reuters) - Toronto's main stock market
index could open higher on Friday, helped by a rise in oil and
other commodity prices.

World stocks pushed up to 9-month highs, cutting demand for
government bonds as euro zone manufacturing and services
reports beat expectations. [ID:nLO33305]

But U.S. stock index futures pointed to a mixed open as
disappointing results from Microsoft Corp (MSFT.O: Quote) and
Amazon.com Inc (AMZN.O: Quote) curbed sentiment a day after a rally
took the Dow industrials above the key 9,000 mark. [.N]

On Thursday the S&P/TSX composite index .GSPTSE closed
up 243.33 points, or 2.33 percent, at 10,675.68, its highest
level since June 12.

Here is some news that could affect the market:

NEXEN INC NXY.TO

Nexen Inc may sell its natural gas and power marketing
units as part of a strategic review aimed at further reducing
the financial risk in its overall operations, it said on
Thursday. [ID:nN23417060]